China’s SDIC delays London listing, blaming weak market conditions

  • 📰 BDliveSA
  • ⏱ Reading Time:
  • 29 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 63%

Deutschland Nachrichten Nachrichten

London IPO volumes are the worst since 2009 in the aftermath of the global financial crisis

Insider insists it's a postponement rather than a cancellation, and the deal could return ‘relatively quickly’The London Stock Exchange in London, the UK. Picture: REUTERS/PETER NICHOLLS

The London market for listings, which was relatively resilient in the first half of the year, has had an extremely tough time of it since July, with Indian special effects firm DNEG and Kazakh finance firm pulling deals. “The company believes this is a prudent decision and is in the best interests of its existing and future shareholders,” SDIC said in a statement.

SDIC’s postponement is also a blow to Britain’s bid to cement ties with China, as it looks to build relationships with non-European countries to prepare for life outside of the European Union.

 

Vielen Dank für Ihren Kommentar.Ihr Kommentar wird nach Prüfung veröffentlicht.
Wir haben diese Nachrichten zusammengefasst, damit Sie sie schnell lesen können. Wenn Sie sich für die Nachrichten interessieren, können Sie den vollständigen Text hier lesen. Weiterlesen:

 /  🏆 12. in DE

Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen

Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.

MARKET WRAP: JSE gains as US-China trade war still in focusThe Standard Bank purchasing managers’ index fell to 48.6 points in November from 49.4 in the previous month
Herkunft: BDliveSA - 🏆 12. / 63 Weiterlesen »

Sanlam earnings buoyant despite tough marketSanlam delivers buoyant operational earnings growth despite weak economy.
Herkunft: BDliveSA - 🏆 12. / 63 Weiterlesen »

World stocks rebound slightly, weighed by Trump’s trade warEuropean stocks open higher but Asian markets and Wall Street fall as Trump says trade war with China could extend beyond the 2020 US election
Herkunft: BDliveSA - 🏆 12. / 63 Weiterlesen »